Many research and innovation (R&I) projects face difficulties in securing finance, despite being fundamentally good projects. InnovFin Advisory support helps these projects and companies make the most out of their potential.
What is InnovFin Advisory
InnovFin Advisory guides its clients on how to structure their R&I projects in order to improve their access to finance. The service helps them to capitalise on their strong points and adjust elements such as their business model, governance, funding sources and financing structure to improve their access to finance. In the long run, this increases their chances of being implemented.
InnovFin Advisory also provides advice to improve investment conditions through activities which are not project-specific. This includes things such as developing a business case for new financing mechanisms and preparing studies on increasing the effectiveness of financial instruments to address specific R&I needs.
Find out what advisory services might be available to you
What services does InnovFin Advisory offer
Capital structure, debt and risk allocation
Classic or innovative financial instruments
Funding sources and their eligibility criteria
Management of stakeholders
More "efficient usage" of public financial instruments
Who can benefit
Building on the support, networks and expertise of the EIB Group and the European Commission, we operate in and between:
Private sectors (large and small corporates, RDI clusters, industry associations, financial market associations etc.)
Public sector (European Commission, Member States, government agencies etc.)
Public-private and semi-public (research institutes, foundations, NGOs etc.)
InnovFin Advisory services are provided independently of the EIB’s lending/investment decisions. We will assess all potential financing sources including, but not limited to, EIB funding.
What projects are eligible
To be eligible for InnovFin Advisory a project must:
Require a minimum EUR 15 million of R&I investment
To find out if your project is eligible for support under InnovFin Advisory, please send your request to email@example.com including a detailed description of the project, including business plan highlights and the expected budget commitment. The European Commission provides approval of eligible projects.
Artificial intelligence, blockchain and the future of Europe
Artificial intelligence (AI) and blockchain are two of the most significant disruptive technologies of our time, set to have a major impact on future societies and economies. But the European Union accounts only for 7% of annual equity investments in both technologies, while the US and China together account for 80%. However, the EU excels in research and has the largest pool of digital talents.
A new report conducted by the EIB and the European Commission recommends that Europe step up its efforts to address the €10 billion investment gap that is holding back development and deployment of artificial intelligence and blockchain technologies in the EU.
"InnovFin – EU Finance for Innovators" is a joint initiative launched by the European Investment Bank Group (EIB and EIF) in cooperation with the European Commission under Horizon 2020. InnovFin aims to facilitate and accelerate access to finance for innovative businesses and other innovative entities in Europe. Please click here for the available products under the InnovFin Programme.
InnovFin Advisory assists eligible public and private counterparts to improve the bankability and investment-readiness of large, complex, innovative projects that need substantial long-term investments.
Looking for a single access to our advisory services?
The European Investment Advisory Hub is the first point of contact for information on our advisory services within the EU.